Joelle M. Smith - May 11, 2024 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role: Title: President, Data, Technology, and Experience
Signature: /s/ Bret T. Jardine, Attorney-in-Fact
Stock symbol: FA
Transactions as of: May 11, 2024
Transactions value $: -$109,484
Form type: 4
Date filed: 5/14/2024, 04:13 PM
Previous filing: Sep 18, 2023
Next filing: Sep 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FA	Common Stock	Options Exercise		+24.9K	+100.96%		49.6K	May 11, 2024	Direct	F1
transaction	FA	Common Stock	Tax liability	-$109K	-6.85K	-13.81%	$15.99	42.7K	May 11, 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FA	Restricted Stock Units	Options Exercise	$0	-24.9K	-33.33%	$0.00	49.8K	May 11, 2024	Common Stock	24.9K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSUs will be settled in either common stock or cash (or a combination thereof).
F2	Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
F3	Represents RSUs originally granted on May 12, 2022, which vest in four equal annual installments, beginning on May 11, 2023, subject to continued service through such dates.

Remarks:

Title: President, Data, Technology, and Experience